THE EFFECT OF COST CONTROL ON PROFIT MAXIMIZATION (A CASE STUDY OF NIGERIA BAG MANUFACTURING COMPANY) PLC, IGANMU LAGOS STATE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

Cost control is a vital element in the management aspect of functional activities that covers all aspects of an enterprise.

It was first performed in a routine manner by clerks, but with the advent of professional management skills, it has evolved in to a more sophisticated function with a far reaching effect on a company’s profit.

This study will critically examine the constituents of cost management, such as production cost and control, purchasing cost and control, marketing cost and control, and other non-manufacturing cost and control.

Various cost control techniques will also be highlighted to provide the management of Nigerian Bag Manufacturing Company a pool of casting techniques that will assist them in maximizing profit.

REVIEW OF RELATED LITERATURE

This chapter reviews literatures relating to the theme and sub themes of these study major ideas of this section are groped and presented under the following subheadings;

2.1 Concept of Cost Control

2.2 The Production Control

2.3 Labour Cost and Control

2.4 Marketing Cost and Control

2.5 Techniques for Cost Control

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APA

T0gOSTL5c0005cdc49c47.77861884, Q. (2018). THE EFFECT OF COST CONTROL ON PROFIT MAXIMIZATION (A CASE STUDY OF NIGERIA BAG MANUFACTURING COMPANY) PLC, IGANMU LAGOS STATE. Afribary. Retrieved from https://beta.afribary.com/works/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338

MLA 8th

T0gOSTL5c0005cdc49c47.77861884, QQXlA1z5c0005cdbe9d75.44641593 "THE EFFECT OF COST CONTROL ON PROFIT MAXIMIZATION (A CASE STUDY OF NIGERIA BAG MANUFACTURING COMPANY) PLC, IGANMU LAGOS STATE" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338. Accessed 01 May. 2025.

MLA7

T0gOSTL5c0005cdc49c47.77861884, QQXlA1z5c0005cdbe9d75.44641593 . "THE EFFECT OF COST CONTROL ON PROFIT MAXIMIZATION (A CASE STUDY OF NIGERIA BAG MANUFACTURING COMPANY) PLC, IGANMU LAGOS STATE". Afribary, Afribary, 29 Jan. 2018. Web. 01 May. 2025. < https://beta.afribary.com/works/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338 >.

Chicago

T0gOSTL5c0005cdc49c47.77861884, QQXlA1z5c0005cdbe9d75.44641593 . "THE EFFECT OF COST CONTROL ON PROFIT MAXIMIZATION (A CASE STUDY OF NIGERIA BAG MANUFACTURING COMPANY) PLC, IGANMU LAGOS STATE" Afribary (2018). Accessed May 01, 2025. https://beta.afribary.com/works/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338

THE EFFECT OF COST CONTROL ON PROFIT MAXIMIZATION (A CASE STUDY OF NIGERIA BAG MANUFACTURING COMPANY) PLC, IGANMU LAGOS STATE

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